Duterte's government has also ordered a stop to small-scale mining operations working outside the country's mining co-operatives system, a decision that touches gold miners.
It takes money to make money; mining companies need capital to make acquisitions and conduct exploration. Brien Lundin of Gold Newsletter profiles three companies making the most of recent financings.
News that Asanko Gold has increased production guidance and secured positive drill results from a new exploration site at its Ghana mine project spurred positive comments from four analysts following the company.
Tanzanian police have killed 65 people and injured 270 during years of sporadic clashes with villagers at a controversial Canadian-owned gold mine, according to evidence heard by a Tanzanian government inquiry.
Restarting idled coal mines might seem like an odd way to fight climate change, but that’s the plan for a U.S. conservationist and his business partners, who recently acquired three Tumbler Ridge-Chetwynd area coal mines.